Author: SMMT_UK_Manufacturers Official News

New members – May 2023

26 May 2023 #SMMT News Find out below who has joined the premier automotive trade association and what they get from membership: SMMT data services Extensive market data providing key information to assist marketing and promotional activity, and future business opportunities. Developing business opportunities SMMT’s targeted events and Automotive Supplier Finder (ASF) service helps facilitate… Continue reading New members – May 2023

CV manufacturing bounces back in best April since 2010

CV production grows 33.3% to 10,504 units in April, marking the month’s best performance since 2010 and an uplift after two months of successive decline. Export demand soars, rising 56.3% to 7,382 units while home output falls -1.1%. Production is up 9.0% in the year to date – the best performance since 2012 – as… Continue reading CV manufacturing bounces back in best April since 2010

Britain’s new car market boosted by battery electric vehicle choice

Battery electric car choice quadruples over past five years to support Britain’s world leading zero emission ambition. Every class of vehicle now available as an electric option – from super small urban commuter runarounds to family cars and luxury saloons. Average battery range for new vehicles launching in 2023 reaches almost 300 miles – nearly… Continue reading Britain’s new car market boosted by battery electric vehicle choice

UK car production up in April as exports surge

British car manufacturing output up 9.9% in April with 66,527 units rolling off factory lines. Exports surge 14.7% in the month with more than eight in 10 UK-made cars heading overseas. Sector calls for pragmatic solution to solve UK-EU rules of origin technical challenge. British car manufacturing made further gains in April, with output increasing… Continue reading UK car production up in April as exports surge

SMMT statement on Rules of Origin

17 May 2023 #SMMT News Mike Hawes, SMMT Chief Executive: The UK-EU TCA provided the basis for tariff-free trade and unlocked some pent-up investment. However, the rules of origin for batteries pose a significant challenge to manufacturers on both sides of the Channel, with the prospect of tariffs and price increases which discourage consumers from… Continue reading SMMT statement on Rules of Origin

Mixed performance for bus and coach market in first quarter

UK demand for new buses and coaches declines slightly -0.6% in Q1 2023, some -39.7% below the pre-pandemic five-year average. Single and double deck bus and coach sectors rally, up 89.1% and 55.2% respectively, but falling minibus registrations and ongoing supply chain shortages stymie growth. Industry awaits government response to consultation on Category B licence… Continue reading Mixed performance for bus and coach market in first quarter

Best first quarter for HGV fleet renewal since pandemic

UK new HGV registrations rose by 17.1% to 11,517 units in Q1 2023, the best start to a year since pre-pandemic 2019. Double digit growth for rigid and articulated trucks, with volumes up 17.3% and 16.8% respectively. Industry calls for long-term strategy for HGV infrastructure and incentives to deliver zero emission goals. SEE HGV REGISTRATIONS… Continue reading Best first quarter for HGV fleet renewal since pandemic

Go-Ahead’s Coronation buses take to the road

11 May 2023 #Bus & Coach Bus operator Go-Ahead unveiled commemorative buses in London and South West England to mark the coronation of Their Majesties Kings Charles III and Queen Camilla. In Devon, a red, white and blue Plymouth Citybus double-decker with festive bunting took to the city streets to mark the historic royal event,… Continue reading Go-Ahead’s Coronation buses take to the road

Used car market rallies as greater supply energises zero emission shift

UK used car market grows 4.1% in Q1 2023 after three successive quarters of decline. Best start to a year since 2020, but market remains below pre-pandemic levels. BEV sales up 56.5% as 26,257 change hands, representing 1.4% of the market in Q1. Download the used car sales report for Q1 2023 The UK’s used… Continue reading Used car market rallies as greater supply energises zero emission shift